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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1169660 times)
meterse
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May 16, 2018, 10:34:22 PM
 #18921

Read the latest Byteball email newsletter: First ever Byteball Use-a-Thon is live http://bit.ly/2IrHmwb-newsletter
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meterse
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May 16, 2018, 10:35:43 PM
 #18922

I am a little sceptical about GBYTE because they are not very transparent about their team members and their marketing doesn't seem together .

a fair comment! team members will be on the website in about 3 weeks, and we are in the process of getting our marketing together....
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May 17, 2018, 01:10:33 AM
Last edit: May 17, 2018, 03:06:10 AM by Big Naturals
 #18923

hello someone can tell me what is byteball in short words?


Byteball is a decentralized system that allows tamper proof storage of arbitrary data,
including data that represents transferrable value such as currencies, property titles, debt,
shares, etc.

"decentralized" Cheesy

I feel the same way... even though I'm working on and care about Byteball's future, the above is why I don't come here that often anymore.

I think most are aware byteball is centralized now while the distribution is still on going, and the network is still relatively small, and new features are being added by Tony. If things remain as centralized as they are now for too long I think we all know what will happen, including Tony.
ekoja
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May 17, 2018, 01:25:32 AM
 #18924

hello someone can tell me what is byteball in short words?


Byteball is a decentralized system that allows tamper proof storage of arbitrary data,
including data that represents transferrable value such as currencies, property titles, debt,
shares, etc.

"decentralized" Cheesy

The exactly same feeling makes me the same smile Cheesy .
The way of Byteball distribution and operation  is far away from "decentralized", while the supporters are advocating the features.
I don't think the wise whales will kick in before it comes to be decentralized.
GiGa#
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May 17, 2018, 03:57:41 AM
 #18925

Final countdown on the latest 1GB WCG Challenge.  To earn a share of the giveaway, you have to be computing for WCG and be an active member of the WCG official team (Byteball. org) - i.e.: submit any WCG results for each of the final days of the Challenge (Thursday, Friday and Saturday).  

In other words, your WCG username has to appear on the daily payout list (http://wcg.report) AND the WCG Team page (Click Here) for the next three days.   The Challenge officially closes on Saturday 23:59:59 UTC.

Alcibiades Agnes
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May 17, 2018, 04:17:37 AM
 #18926

hello someone can tell me what is byteball in short words?


Byteball is a decentralized system that allows tamper proof storage of arbitrary data,
including data that represents transferrable value such as currencies, property titles, debt,
shares, etc.

"decentralized" Cheesy

The exactly same feeling makes me the same smile Cheesy .
The way of Byteball distribution and operation  is far away from "decentralized", while the supporters are advocating the features.
I don't think the wise whales will kick in before it comes to be decentralized.

What is decentralized for you?
Can you give an example of decentralized distribution and operation?

What BYTEBALL should do right now to be more "decentralized" and win your sympathy?

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May 17, 2018, 04:40:26 AM
 #18927

Can you give an example of decentralized distribution and operation?
Maybe what this guy wanted is Byteball team (tonych, in particular) giving him all of the rest premined coins.
Then, Byteball will make him rich after one night.
Next days, that guy will uses all of those fiat which he get by selling Byteball to stores, restaurants, etc. globally to make Byteball really decentralized.
 Roll Eyes
paymenow
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May 17, 2018, 04:51:25 AM
 #18928

Final countdown on the latest 1GB WCG Challenge.  To earn a share of the giveaway, you have to be computing for WCG and be an active member of the WCG official team (Byteball. org) - i.e.: submit any WCG results for each of the final days of the Challenge (Thursday, Friday and Saturday).  

In other words, your WCG username has to appear on the daily payout list (http://wcg.report) AND the WCG Team page (Click Here) for the next three days.   The Challenge officially closes on Saturday 23:59:59 UTC.



Wow!  Where do I join?
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May 17, 2018, 04:56:34 AM
 #18929

hello someone can tell me what is byteball in short words?


Byteball is a decentralized system that allows tamper proof storage of arbitrary data,
including data that represents transferrable value such as currencies, property titles, debt,
shares, etc.

"decentralized" Cheesy

The exactly same feeling makes me the same smile Cheesy .
The way of Byteball distribution and operation  is far away from "decentralized", while the supporters are advocating the features.
I don't think the wise whales will kick in before it comes to be decentralized.

What is decentralized for you?
Can you give an example of decentralized distribution and operation?

What BYTEBALL should do right now to be more "decentralized" and win your sympathy?


There literally one guy holding 30-40% of all coins that will ever exist, who also happens to operate all twelve if the consensus forming and transaction validating nodes that collect all of the network fees. It almost couldn't be more centralized, so practically anything that's changed would increase decentralization.
paymenow
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May 17, 2018, 05:22:22 AM
 #18930

There literally one guy holding 30-40% of all coins that will ever exist, who also happens to operate all twelve if the consensus forming and transaction validating nodes that collect all of the network fees. It almost couldn't be more centralized, so practically anything that's changed would increase decentralization.

This is a cheap comment - really...

The distribution of BB is not finished yet.  The name of the dev is known to all - he can't hide...  The distribution of the witnesses will follow in due course.
GiGa#
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May 17, 2018, 05:25:29 AM
 #18931

hello someone can tell me what is byteball in short words?


Byteball is a decentralized system that allows tamper proof storage of arbitrary data,
including data that represents transferrable value such as currencies, property titles, debt,
shares, etc.

"decentralized" Cheesy

The exactly same feeling makes me the same smile Cheesy .
The way of Byteball distribution and operation  is far away from "decentralized", while the supporters are advocating the features.
I don't think the wise whales will kick in before it comes to be decentralized.

What is decentralized for you?
Can you give an example of decentralized distribution and operation?

What BYTEBALL should do right now to be more "decentralized" and win your sympathy?


There literally one guy holding 30-40% of all coins that will ever exist, who also happens to operate all twelve if the consensus forming and transaction validating nodes that collect all of the network fees. It almost couldn't be more centralized, so practically anything that's changed would increase decentralization.

Rome was not built in one day
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May 17, 2018, 08:29:29 AM
 #18932

I like Tonych and Byteball, I have bought some, please don't stop making this coin better and better and better, come on.
kaicrypzen
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May 17, 2018, 10:46:42 AM
 #18933

There literally one guy holding 30-40% of all coins that will ever exist, who also happens to operate all twelve if the consensus forming and transaction validating nodes that collect all of the network fees. It almost couldn't be more centralized, so practically anything that's changed would increase decentralization.

This is a cheap comment - really...

Well, not really, I think Smiley. jwinterm is actually merely stating a fact, that doesn't necessarily mean they don't agree with the rest of your comment:

The distribution of BB is not finished yet.  The name of the dev is known to all - he can't hide...  The distribution of the witnesses will follow in due course.

I also want to point out that everybody can hide Smiley regardless of how much info is publicly known about them.

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May 17, 2018, 11:13:21 AM
 #18934

The referral bonus is paid to the one who provided the Bytes that the new users spend for the attestation. If the user had bytes inbhus wallet, and those were spent during attestation, the reward will get paid to whomever sent those bytes to the user.
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May 17, 2018, 02:55:23 PM
Last edit: May 17, 2018, 03:44:19 PM by Alcibiades Agnes
 #18935

In the coming months we are excited to share our plans for the integration of global sports, e-sports, crypto products, and daily fantasy. As well as efforts to partner with liquidity providers Grin.


https://medium.com/@tradetheodds/announcing-trade-the-odds-f873d6e7ef50

Cryptocurrency Liquidity for Forex Brokers: Exchanges Vs Liquidity Providers
A review of what options forex brokers have to tap into liquidity for cryptocurrencies.


Leverage
Most crypto exchanges are not leveraged. If they are, it’s through a system of borrowing that involves payment of interests, which gets pretty complex. Broker crypto LPs can offer higher leverage (as high as 20:1) by either acting as market makers or posing higher margin with crypto exchanges. This allows you to post less margin and gives your clients a more attractive offering.

Commission/costs
By working directly with an exchange there is one fewer party involved in the equation. This can sometimes reduce commissions. In most cases the exchanges will charge 20-30 basis points (0.20-0.30%) per trade per side while LPs will charge 25-50 (.25-.50%) basis points per side. A couple things to keep in in mind however are:
**   Broker LPs may be aggregating multiple exchanges which will reduce the spread.
**   Some broker LPs will no commission at all as they will generate revenue from their market making operations.

Market Depth
One single exchange typically doesn’t have huge market depth, especially if you add leverage into the mix. In order to combat that, brokers may want to aggregate multiple exchanges and that requires technology that most brokers don’t have yet. Because crypto LPs typically aggregate multiple exchanges, there will be more market depth with the broker’s access to multiple venues.

https://www.financemagnates.com/forex/brokers/cryptocurrency-liquidity-forex-brokers-exchanges-vs-liquidity-provides/



Alcibiades Agnes
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May 17, 2018, 03:22:43 PM
 #18936

I like Tonych and Byteball, I have bought some, please don't stop making this coin better and better and better, come on.

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May 17, 2018, 04:15:05 PM
 #18937

In the coming months we are excited to share our plans for the integration of global sports, e-sports, crypto products, and daily fantasy.
Amazing! Tradetheodds.io found Byteball as one of the most appropriate blockchain-based platforms for its services.
Byteball was chosen due to its DAG, no blocksize, etc.
Congratulations, Byteball community because in the future liquidity of Byteball will rise a bit with Tradetheodds.io.

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22naru
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May 17, 2018, 04:22:59 PM
 #18938

In the coming months we are excited to share our plans for the integration of global sports, e-sports, crypto products, and daily fantasy.
Amazing! Tradetheodds.io found Byteball as one of the most appropriate blockchain-based platforms for its services.
Byteball was chosen due to its DAG, no blocksize, etc.
Congratulations, Byteball community because in the future liquidity of Byteball will rise a bit with Tradetheodds.io.
i am exited about thid project aswell, will be a succes and byteball will win aswell
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May 17, 2018, 05:48:06 PM
 #18939

There literally one guy holding 30-40% of all coins that will ever exist, who also happens to operate all twelve if the consensus forming and transaction validating nodes that collect all of the network fees. It almost couldn't be more centralized, so practically anything that's changed would increase decentralization.

This is a cheap comment - really...

The distribution of BB is not finished yet.  The name of the dev is known to all - he can't hide...  The distribution of the witnesses will follow in due course.


Cheap-ness is subjective... but jwinterm's comment is objectively correct on every point.
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May 18, 2018, 01:29:24 AM
 #18940

All the marketing strategies don't seem to bring any positive outlook or any positive value to the coin. In case of crisis when btc has dropped almost 20%. Bytebal has dropped even more not only in USD but in btc value as well.

On the opposite site Steem is doing much better, I.e its fiat price will go down with plunge in btc but it is at least maintaining its btc value.


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